FSRC - Financial System Research Center
-
-
Central Bank Communications Before, During and After the Crisis: From Open-Market Operations to Open-Mouth Policy
The days when secrecy and opacity were the bywords of central banking are gone. The advent of inflation targeting in the early 1990s acted as the catalyst for enhanced transparency and communications in the conduct of monetary policy. -
Some Economics of Private Digital Currency
This paper reviews some recent developments in digital currency, focusing on platform-sponsored currencies such as Facebook Credits.